Mentone, Alabama. Mentone: DeSoto Falls, Mentone AL. User comment: It's a great picture, but it's a picture of Littlew River Falls, not DeSoto Falls. Mentone: Photo of the 1884 Mentone Springs Hotel by Patty Tucker. The hotel operates as a Bed & Breakfast, has a full service restaurant and is the perfect place for weddings and receptions.
direct damage coverage. Property insurance that pays the value of property that has been damaged by a covered cause of loss or the cost of its repair or replacement. This is in contrast to time element property insurance, which pays for loss of income or increase in expenses that result from the unavailability of the damaged property while it is being repaired or replaced.
DEFINITION of 'Consequential Loss'. The amount of loss incurred as a result of being unable to use business property or equipment. If the property/equipment is damaged through a natural disaster or accident, only certain types of insurance can cover the owner for lost business income.Consequential loss is considered an indirect loss (as compared to losses from the direct damage).Direct damages would be covered under different types of insurance, such as property/casual or fire insurance, but the firm still incurs the costs of lost operations.nsurance to compensate for consequential losses can also cover situations where no direct damage is done to property, but loss of revenue occurs because of things like a power outage or breach of contract from a supplier or business partner. RELATED TERMS.